Pakistan and Afghanistan signed on Wednesday a memorandum of understanding to begin talks on a transit trade agreement which will ultimately allow India to use the Wagah-Khyber route for trade with Kabul.The memorandum of understanding commits the two ‘countries to achieving a trade transit agreement by the end of the year, which we believe will have great economic benefits for both peoples,’ said US Secretary of State Hillary Clinton who hosted the Afghan and Pakistani presidents for the first round of the second trilateral talks.‘This is an historic event. This agreement has been under discussion for 43 years without resolution,’ she said.‘Afghanistan and Pakistan have reached an important milestone in their efforts to generate foreign investment and stronger economic growth and trade opportunities.’Secretary Clinton also used the opportunity to regret the loss of innocent lives in US bombings, saying that ‘she wanted to convey to the people of both Afghanistan and Pakistan that ‘we will work very hard with your governments and with your leaders to avoid the loss of innocent civilian life. And we deeply, deeply regret that loss’.
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Thursday, May 7, 2009
India to get Afghan transit trade route
US Secretary of State Hillary Clinton (C) speaks alongside
Afghan President Hamid Karzai (L) and
Pakistan's President Asif Ali Zadari
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